Only a few weeks back News Corp was making journalists redundant, but there’s still money in the chest for battling Fairfax. The Australian has conducted yet another raid on Fairfax’s business section, luring across Rear Window writer Will Glasgow (courtesy of a rather hefty pay packet) to write “a new business column”, according to Saturday’s paper. Crikey understands the Oz has been trying to lure him over for some time, with negotiations started under former editor-in-chief Chris Mitchell (unlike his partner-in-crime Joe Aston, Glasgow managed to maintain a good relationship with Mitchell — while Aston was ripping Mitchell a new one late last year Glasgow got a nice little exclusive from Mitchell about the outgoing editor’s book contracts).

Glasgow’s only the latest in a string of poachings, which seem to have kicked off ever since The Australian hired Eric Johnston a year and a half ago. The paper is keen to take on the supremacy of the Australian Financial Review for business readers, a plan that seems to be kicking along under new editor-in-chief Paul Whittaker. Mind you, the Oz still hasn’t managed to lure over Gold Walkley winner Adele Ferguson, despite trying. And Aston is still at the Fin. Which is unsurprising, judging by the staggering failure of the last set of negotiations.